Personal Liability. With respect to any Fund that is organized as an unincorporated business trust under the laws of the Commonwealth of Massachusetts, its Declaration of the Trust (each, a "Declaration") is on file in the office of the Secretary of the Commonwealth of Massachusetts. Each Declaration provides that the name of the Fund refers to the Trustees under the Declaration collectively as Trustees, but not as individuals or personally; and no Trustee, shareholder, officer, employee or agent of any Fund shall be held to any personal liability, nor shall resort be had to their private property for the satisfaction of any obligation or claim or otherwise, in connection with the affairs of any Fund, but the Trust Estate only shall be liable.
Appears in 146 contracts
Samples: Dean Witter Funds (Witter Dean World Wide Income Trust), Dean Witter Funds Distribution Agreement Agreement (Dean Witter Global Dividend Growth Securities), Dean Witter Funds Distribution Agreement Agreement (Witter Dean New York Tax Free Income Fund)
Personal Liability. With respect to any Fund that is organized as an unincorporated business trust under the laws of the Commonwealth of Massachusetts, its Declaration of the Trust (each, a "“Declaration"”) is on file in the office of the Secretary of the Commonwealth of Massachusetts. Each Declaration provides that the name of the Fund refers to the Trustees under the Declaration collectively as Trustees, but not as individuals or personally; and no Trustee, shareholder, officer, employee or agent of any such Fund shall be held to any personal liability, nor shall resort be had to their private property for the satisfaction of any obligation or claim or otherwise, in connection with the affairs of any Fund, but the Trust Estate trust estate only shall be liable.
Appears in 9 contracts
Samples: Distribution Agreement (Morgan Stanley Insight Fund), Distribution Agreement (Morgan Stanley Tax Free Daily Income Trust), Distribution Agreement (Morgan Stanley Mortgage Securities Trust)
Personal Liability. With respect to any Fund that is organized as an unincorporated business trust under the laws of the Commonwealth of Massachusetts, its Declaration of the Trust (each, a "Declaration") is on file in the office of the Secretary of the Commonwealth of Massachusetts. Each Declaration provides that the name of the Fund refers to the Trustees under the Declaration collectively as Trustees, but not as individuals or personally; and no Trustee, shareholder, officer, employee or agent of any such Fund shall be held to any personal liability, nor shall resort be had to their private property for the satisfaction of any obligation or claim or otherwise, in connection with the affairs of any Fund, but the Trust Estate trust estate only shall be liable.
Appears in 7 contracts
Samples: Distribution Agreement (Morgan Stanley Small Mid Special Value Fund), Distribution Agreement (Morgan Stanley Series Funds), Distribution Agreement (Morgan Stanley Series Funds)
Personal Liability. With respect to any The Declaration of Trust establishing each Fund that is organized as an unincorporated a Massachusetts business trust under trust, together with all amendments thereto (the laws of the Commonwealth of Massachusetts, its Declaration of the Trust (each, a "Declaration") ), which is on file in the office of the Secretary of the Commonwealth of Massachusetts. Each Declaration , provides that the name of the Fund refers to the Trustees under the Declaration collectively as Trustees, but not as individuals or personally; and no Trustee, shareholder, officer, employee or agent of any a Fund shall be held to any personal liability, nor shall resort be had to their private property for the satisfaction of any obligation or claim or otherwise, otherwise in connection with the affairs of any a Fund, but the Trust Estate trust property only shall be liable.. ********************
Appears in 6 contracts
Samples: Distribution Agreement (Blackrock Principal Protected Trust), Distribution Agreement (Blackrock Eurofund), Distribution Agreement (Blackrock Global Emerging Markets Fund, Inc.)
Personal Liability. With respect to any The Declaration of Trust establishing each Fund that is organized as an unincorporated a Massachusetts business trust under trust, together with all amendments thereto (the laws of the Commonwealth of Massachusetts, its Declaration of the Trust (each, a "Declaration") ), which is on file in the office of the Secretary of the Commonwealth of Massachusetts. Each Declaration , provides that the name of the Fund refers to the Trustees under the Declaration collectively as Trustees, but not as individuals or personally; and no Trustee, shareholder, officer, employee or agent of any a Fund shall be held to any personal liability, nor shall resort be had to their private property for the satisfaction of any obligation or claim or otherwise, otherwise in connection with the affairs of any a Fund, but the Trust Estate trust property only shall be liable.
Appears in 6 contracts
Samples: Distribution Agreement (Merrill Lynch Retirement Reserves Mo Fu of Mer Lyn Re Ser Tr), Distribution Agreement (Merrill Lynch Bond Fund Inc), Distribution Agreement (Merrill Lynch Growth Fund)
Personal Liability. With respect to any The Declaration of Trust establishing each Fund that is organized as an unincorporated a Massachusetts business trust under trust, together with all amendments thereto (the laws of the Commonwealth of Massachusetts“Declaration”), its Declaration of the Trust (each, a "Declaration") which is on file in the office of the Secretary of the Commonwealth of Massachusetts. Each Declaration , provides that the name of the Fund refers to the Trustees under the Declaration collectively as Trustees, but not as individuals or personally; and no Trustee, shareholder, officer, employee or agent of any a Fund shall be held to any personal liability, nor shall resort be had to their private property for the satisfaction of any obligation or claim or otherwise, otherwise in connection with the affairs of any a Fund, but the Trust Estate trust property only shall be liable.. ********************
Appears in 3 contracts
Samples: Distribution Agreement (Blackrock Multi State Municipal Series Trust), Distribution Agreement (Blackrock Natural Resources Trust), Distribution Agreement (Blackrock Municipal Bond Fund, Inc.)
Personal Liability. With respect to any The Declaration of Trust establishing each ------------------ Fund that is organized as an unincorporated a Massachusetts business trust under trust, together with all amendments thereto (the laws of the Commonwealth of Massachusetts, its Declaration of the Trust (each, a "Declaration") ), which is on file in the office of the Secretary of the Commonwealth of Massachusetts. Each Declaration , provides that the name of the Fund refers to the Trustees under the Declaration collectively as Trustees, but not as individuals or personally; and no Trustee, shareholder, officer, employee or agent of any a Fund shall be held to any personal liability, nor shall resort be had to their private property for the satisfaction of any obligation or claim or otherwise, otherwise in connection with the affairs of any a Fund, but the Trust Estate trust property only shall be liable.
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Mid Cap Growth Fund Inc), Distribution Agreement (Merrill Lynch Capital Fund Inc)
Personal Liability. With respect to any The Declaration of Trust establishing each Fund that is organized as an unincorporated a Massachusetts business trust under trust, together with all amendments thereto (the laws of the Commonwealth of Massachusetts“Declaration”), its Declaration of the Trust (each, a "Declaration") which is on file in the office of the Secretary of the Commonwealth of Massachusetts. Each Declaration , provides that the name of the Fund refers to the Trustees under the Declaration collectively as Trustees, but not as individuals or personally; and no Trustee, shareholder, officer, employee or agent of any a Fund shall be held to any personal liability, nor shall resort be had to their private property property, for the satisfaction of any obligation or claim or otherwise, otherwise in connection with the affairs of any a Fund, but the Trust Estate trust property only shall be liable.
Appears in 1 contract
Samples: Distribution Agreement (BlackRock Advantage U.S. Total Market Fund, Inc.)
Personal Liability. With respect to any The Declaration of Trust establishing each Fund that is organized as an unincorporated a Massachusetts business trust under trust, together with all amendments thereto (the laws of the Commonwealth of Massachusetts“Declaration”), its Declaration of the Trust (each, a "Declaration") which is on file in the office of the Secretary of the Commonwealth of Massachusetts. Each Declaration , provides that the name of the Fund refers to the Trustees under the Declaration collectively as Trustees, but not as individuals or personally; and no Trustee, shareholder, officer, employee or agent of any a Fund shall be held to any personal liability, nor shall resort be had to their private property for the satisfaction of any obligation or claim or otherwise, otherwise in connection with the affairs of any a Fund, but the Trust Estate trust property only shall be liable.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Corporate Bond Fund Inc/Ny)
